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3300 Boones Creek Village Ct
Jonesborough, TN 37659

$16,500,000 USD

Apartments For Sale  •  87,784 SF

Property Details

  • Property Type Apartments
  • Total Building Size 87,784 SF
  • Lot Size 6.86 AC
  • Building Class B
  • Year Built 2005
  • Cap Rate 5.54 %
20 Walk Score

Highlights

Newer construction 89-unit multifamily community completed in 2011
Maintained approximately 98% occupancy since initial lease-up, demonstrating strong tenant demand and market acceptance
Approved plans for an additional 15 units, providing a clear pathway for future revenue growth and value creation
Effective On-Site Management in Place
No Deferred Maintenance
Excellent unit mix featuring a variety of spacious floorplans, providing broad appeal across multiple renter demographics and supporting occupancy

Property Flyers

Financial Summary (Actual)

Net Operating Income: $914,263 USD (2025)
Cap Rate: 5.54 %
Total Expenses: $412,148 USD

Major Tenants

Tenant SF Occupied Lease End Date
Quik Consulting Inc
Wolfe Development- Boones Creek Village

Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Laundry Facilities
  • Microwave
  • Washer/Dryer Hookup
  • Trash Pickup - Curbside
  • Ceiling Fans
  • Crown Molding
  • Double Vanities
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Range
  • Views
  • Walk-In Closets
  • Deck
  • Pantry
  • Patio
  • Wheelchair Accessible (Rooms)

Public Transportation

AirportDriveWalkDistance
Tri-Cities 24 min - 14.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 124
Type: Surface
Included in Rent: Yes
Paul Matusik 714-875-2400 Prime Net Lease
Paul Matusik 714-875-2400 Prime Net Lease